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South African Markets - Factors to watch on Feb. 8

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Friday.


- Sasol flagged as much as 20 percent increase in half-year core headline EPS on Friday.


South Africa's rand weakened on Thursday against a broadly stronger dollar as investors prepared for President Cyril Ramaphosa's state of the nation address (SONA) later in the day.


Asian stocks lost ground on Friday as investors worried about a broadening global economic slowdown, with sentiment not helped by the absence of any positive signs for a resolution in the U.S.-China trade row.


Wall Street stocks sank on Thursday as worries that the United States and China would not be able to reach a trade deal increased concerns about slowing global economic growth.


Gold held steady on Friday on worries that a prolonged Sino-U.S. trade war could worsen global economic slowdown, but a strong dollar put bullion on track for its first weekly loss in three.


For the top emerging markets news, double click on

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Some of the main stories out in the South African press:


- Eskom to be split into three entities


- Eskom will be split into three separate units

2019-02-08 07:27:55

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